STOCK TITAN

Vistance Networks (VISN) director reports 53K-share grant and 168,746-share tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vistance Networks director Watts Claudius E. IV reported routine equity compensation and related tax withholding transactions in company stock. He received a grant of 53,000 shares of common stock at no cost as a grant or award, increasing his direct holdings to 1,516,475 shares.

The filing also shows 168,746 shares of common stock withheld as a tax-withholding disposition at $12.27 per share tied to the vesting of restricted stock units and performance share units. In addition, 10,000 shares are reported as indirectly held through the Watts Family Foundation. Footnotes indicate these restricted stock units vest between June 2027 and June 2029, subject to continued employment.

Positive

  • None.

Negative

  • None.
Insider Watts Claudius E. IV
Role null
Type Security Shares Price Value
Grant/Award Common Stock 53,000 $0.00 --
Tax Withholding Common Stock 168,746 $12.27 $2.07M
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,516,475 shares (Direct, null); Common Stock — 10,000 shares (Indirect, Watts Family Foundation)
Footnotes (1)
  1. Reflects restricted stock units that will vest ratably on 06/01/2027, 06/01/2028 and 06/01/2029, subject to the reporting person's continued employment with the issuer. As previously reported, includes (a) 28,600 restricted stock units that were granted on 03/01/2024 and will vest on 06/01/2027; (b) 58,067 restricted stock units that were granted on 06/01/2024 and will vest on 06/01/2027; and (c) 68,267 restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2027 and 06/01/2028; each subject to the reporting person's continued employment with the issuer. Reflects shares withheld to cover taxes incurred upon the vesting of restricted stock units and performance share units.
Stock grant 53,000 shares Common stock grant/award on June 1, 2026
Tax-withholding shares 168,746 shares Shares withheld for taxes at $12.27 per share
Tax-withholding price $12.27 per share Value used for tax-withholding disposition
Direct holdings after grant 1,516,475 shares Total common stock directly owned after June 1, 2026 transactions
Indirect holdings 10,000 shares Common stock held indirectly via Watts Family Foundation
RSU vesting dates June 1, 2027–2029 New RSUs vest ratably on 06/01/2027, 06/01/2028, 06/01/2029
restricted stock units financial
"Reflects restricted stock units that will vest ratably on 06/01/2027, 06/01/2028 and 06/01/2029"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance share units financial
"Reflects shares withheld to cover taxes incurred upon the vesting of restricted stock units and performance share units"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
tax-withholding disposition financial
"Transaction classified as a tax-withholding disposition at $12.27 per share"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"Transaction code description notes a grant, award, or other acquisition of shares"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Watts Claudius E. IV

(Last)(First)(Middle)
C/O VISTANCE NETWORKS, INC.
2601 TELECOM PARKWAY

(Street)
RICHARDSON TEXAS 75082

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Vistance Networks, Inc. [ VISN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026A53,000(1)A$01,516,475(2)D
Common Stock06/01/2026F168,746(3)D$12.271,347,729(2)D
Common Stock10,000IWatts Family Foundation
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects restricted stock units that will vest ratably on 06/01/2027, 06/01/2028 and 06/01/2029, subject to the reporting person's continued employment with the issuer.
2. As previously reported, includes (a) 28,600 restricted stock units that were granted on 03/01/2024 and will vest on 06/01/2027; (b) 58,067 restricted stock units that were granted on 06/01/2024 and will vest on 06/01/2027; and (c) 68,267 restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2027 and 06/01/2028; each subject to the reporting person's continued employment with the issuer.
3. Reflects shares withheld to cover taxes incurred upon the vesting of restricted stock units and performance share units.
/s/ Michael D. Coppin, Under a Power of Attorney06/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Vistance Networks (VISN) report for Watts Claudius E. IV?

Vistance Networks reported that director Watts Claudius E. IV received a grant of 53,000 shares of common stock and had 168,746 shares withheld to cover taxes on vesting equity awards, with no open‑market purchases or sales disclosed in this filing.

How many Vistance Networks (VISN) shares does Watts Claudius E. IV now hold?

After the reported transactions, Watts Claudius E. IV directly holds 1,516,475 shares of Vistance Networks common stock and indirectly holds 10,000 shares through the Watts Family Foundation, according to the Form 4 ownership figures following the June 1, 2026 transactions.

What is the nature of the 53,000-share grant reported by Vistance Networks (VISN)?

The 53,000-share transaction is classified as a grant or award acquisition at a price of $0.00 per share. Footnotes describe these as restricted stock units that will vest over time, conditioned on the director’s continued employment with Vistance Networks.

Why were 168,746 Vistance Networks (VISN) shares disposed of in the Form 4?

The 168,746-share disposition is coded as a tax-withholding transaction at $12.27 per share. Footnotes explain these shares were withheld to cover taxes incurred upon vesting of restricted stock units and performance share units, rather than an open-market sale.

How do the restricted stock units for Vistance Networks (VISN) vest over time?

Footnotes state new restricted stock units will vest ratably on June 1, 2027, June 1, 2028, and June 1, 2029. Additional previously granted units vest on June 1, 2027 and across 2027–2028, all subject to the director’s continued employment with the company.

Does the Vistance Networks (VISN) Form 4 indicate any pre-planned trading program?

The footnotes describe vesting schedules and tax-withholding mechanics but do not reference any Rule 10b5-1 trading plan. The reported transactions relate to equity grants and automatic tax withholding connected to restricted stock unit and performance share unit vesting.